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The answer depends on what pb and cp are!
80% of Mark Price- CP)*100/CP = 20 0.8*MP-CP=0.2 CP MP = 1.2CP/0.8 MP = 1.5 CP so MP should be marked 50 % above the CP.
cp
first determine what is the cost price(CP) and the selling price(SP). Subtract CP from SP. if the result is positive then it is a profit. now divide the profit with CP and the resul which you will get multiply it with 100.Percentage profit= (profit/CP)*100
Formula:Profit = Selling Price (SP) - Cost Price (CP)Loss = Cost Price (CP) - Selling Price (SP)